Sousa, Filipe J.2015-06-052015-06-052010Sousa, F. (2010), "Markets-as-networks theory: a review" in Advances in Business Marketing and Purchasing: Organizational Culture, Business-to-Business Relationships, and Interfirm Networks, A. Woodside, ed. Bingley: Emerald.http://hdl.handle.net/10400.13/822This paper exposes the development of markets-as-networks theory from formal inception in the mid-1970s until 2010 state-of-the-art, en route presenting its historical roots. This largely European-based theory challenges the conventional, dichotomous view of the business world as including firms and markets, arguing for the existence of relational governance structures (the so-called ‘‘interfirm cooperation’’) in addition to hierarchical and transactional ones.engMarkets-as-networksIndustrial networksTheoryBusiness relationshipsInter-firm cooperation.Centro de Ciências Sociaisbook part